Tokayev receives Samruk-Kazyna CEO Zhakupov report on 3.2 trillion tenge projects

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Kazakh President Kassym-Jomart Tokayev received Samruk-Kazyna CEO Nurlan Zhakupov on September 9, 2026, to review the fund's performance and infrastructure plans. Zhakupov reported that Samruk-Kazyna plans to complete investment projects worth 3.2 trillion tenge in 2026, including railway lines, a gas processing plant at Kashagan, and modernization of Almaty CHP-2. The fund also outlined 38 projects worth 21 trillion tenge for 2027–2029 in energy, oil and gas, transport, and digital infrastructure.
Key Facts
- Samruk-Kazyna plans to complete investment projects worth 3.2 trillion tenge in 2026.
- The 2026 projects include railway lines Moiynty–Kyzylzhar and Darbaza–Maktaaral, modernization of Altynkol–Zhetygen and Beineu–Mangystau sections, a gas processing plant at Kashagan, modernization of Almaty CHP-2, a combined-cycle plant in Turkestan region, and a hybrid power station.
- For 2027–2029, Samruk-Kazyna plans 38 projects totaling 21 trillion tenge in energy, oil and gas, transport, and digital infrastructure.
- The fund is completing construction of a data center in Astana and a fiber-optic line along the Caspian Sea bed.
- Social priorities include construction of medical and social facilities, opening 55 centers for children with disabilities and 46 inclusion rooms, and developing sports and educational infrastructure.
2026 Investment Projects
Samruk-Kazyna CEO Nurlan Zhakupov reported that the fund plans to complete investment projects worth 3.2 trillion tenge in 2026. The projects include construction of railway lines Moiynty–Kyzylzhar and Darbaza–Maktaaral, and modernization of the Altynkol–Zhetygen and Beineu–Mangystau sections. Also planned are a gas processing plant at the Kashagan field, modernization of Almaty CHP-2, a combined-cycle plant in Turkestan region, and a hybrid power station. Construction of a data center in Astana and a fiber-optic communication line along the Caspian Sea bed is nearing completion.
2027–2029 Portfolio
Zhakupov presented the fund's investment portfolio for 2027–2029, which includes 38 projects totaling 21 trillion tenge. The projects span energy, oil and gas, transport, and digital infrastructure. Social priorities include construction of medical and social facilities, opening 55 centers for children with disabilities and 46 inclusion rooms, and development of sports and educational infrastructure.
Presidential Directives
Following the report, President Tokayev set a number of tasks for the fund's main areas of work.